Securities scanner: CAs, valuers and CSs could come under Sebi ambit

Securities scanner: CAs, valuers and CSs could come under Sebi ambit Chartered accountants and company secretaries may soon come under the ambit of the capital markets regulator. The Securities and Exchange Board of India will issue rules that will put the onus on chartered accountants, company secretaries, cost accountants, valuers and monitoring agencies to get […]

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Rs 7.18 trn: July-Feb GST collections short of Rs 100 bn of original target

Rs 7.18 trn: July-Feb GST collections short of Rs 100 bn of original target The mop-up was subdued in October, November and January, and that has led to some shortfall Collections under the goods and services tax (GST) were marginally lower by some Rs 100 billion, compared to the original target set by the government […]

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CAG flags lower administrative charges collection by EPFO

CAG flags lower administrative charges collection by EPFO Government auditor CAG has detected under-realisation of administrative charges worth Rs 6.17 crore from establishments at eight regional offices of retirement fund body EPFO, according to a report. The under-realisation was detected after test checking of records at the eight EPFO regional offices during January 2015 to […]

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Risk-based capital framework for industry to benefit Irdai, says IMF

Risk-based capital framework for industry to benefit Irdai, says IMF The IMF has appreciated Irdai’s moves over the past six to seven years, specifically in reforming insurance products The Insurance Regulatory and Development Authority of India (Irdai) must develop a sound risk-based regulatory framework for the industry and modernise its supervision and regulations on investments […]

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Direct tax collections surge 18% to cross Rs 10-trn mark in FY18: Jaitley

Direct tax collections surge 18% to cross Rs 10-trn mark in FY18: Jaitley Of the total ITRs filed, 67.4 million returns were e-filed Direct tax collection has grown by 18 per cent to cross Rs 10.02 trillion in the financial year ended on March 31, 2018, Finance Minister Arun Jaitley said on Tuesday He said […]

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Sebi’s F&O restrictions likely to boost dabba trading in Indian markets

Sebi’s F&O restrictions likely to boost dabba trading in Indian markets Regulator has proposed physical settlement of contracts in place of cash settlements The decision of the Securities and Exchange Board of India (Sebi) to tighten the derivatives framework could provide an impetus to ‘dabba trading’ — an unofficial parallel market. According to market participants, […]

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